Malaysian oil company Petronas has announced a long-term agreement to be the main sponsor for Mercedes GP, starting next season. This means that the team’s official name is now Mercedes GP Petronas Formula 1 Team.

The team will make its track debut in its new livery in Valencia, on 1 February.

Team principal Ross Brawn said: “Our plans for the new season are progressing well, as is the development of our 2010 challenger, and we look forward to seeing the car run in the new Silver Arrows and Petronas livery at the Valencia test in February.”

The main picture here is an artwork concept, done by Mercedes GP. Combining the classic silver with Petronas turquoise will be a difficult job.